Fair Oaks, a neighborhood in Nashville-Davidson metropolitan government, Tennessee, is classified as a "Moderate Diversity" community as of 2022. The population consists of 44% White, 21% Black, and 20% Hispanic residents. The neighborhood's median income is $54,789, which is below the national median. Fair Oaks is located near the Nashville International Airport.

Over the past decade, Fair Oaks has experienced significant changes in its racial composition. In 2013, it had a "White Plurality" with 40% White, 37% Hispanic, and 19% Black populations. By 2017, it shifted to a "White Majority" with 77% White population. Since 2020, it has maintained a "Moderate Diversity" status. This pattern indicates a "Transitional Community" status. The Hispanic population decreased from 37% in 2013 to 12% in 2017, then increased to 20% in 2022. The Asian population grew from 2% in 2013 to 14% in 2022.

The median income in Fair Oaks has fluctuated over the years, correlating with demographic shifts. The highest median income of $61,066 was recorded in 2017, coinciding with the peak of the White majority. As diversity increased, the median income varied, dropping to $48,866 in 2018 before rising to $57,952 in 2019. The current median income of $54,789 in 2022 suggests stabilization as the neighborhood settles into its new diverse identity.